Rahul Dev Kumar
Rahul Dev Kumar
Jun 22, 2021
Issuance of utility token through Initial Coin Offering (ICO) requires apt execution of token sale terms and conditions. With the evolution of blockchain-based business models relating to different cryptocurrencies, the token sale becomes an important transaction from the perspective of a company. This growth of cryptocurrency-based models received further traction when recently, El Salvador became the first country to accept bitcoin as legal tender. This announcement implies that businesses in El Salvador will have to mandatorily accept bitcoin as a payment option, along with the American dollar, the official currency. Although the government’s expectation is to provide a viable currency option to a vast majority of the population, which doesn’t have access to a bank account. Such announcements are definitely bound to boost the growth of business models built on crypto and issuance of utility tokens through different cryptocurrency exchanges. https://patentbusinesslawyer.com/selling-utility-tokens-via-ico-with-terms-and-conditions/ #Tokens #ICO #Crypto #Blockchain #Law
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